Mission
To provide electric energy to our members on a cooperative basis
Executive compensation, broken down
Form 990 · Schedule J · 16 reported individuals · Filing year 2024
General Manager
officer (unspecified)
$343k
$369k
- Base
- $239k
- Bonus
- —
- Other
- $14k
- Benefits
- $14k
Line Foreman
highest compensated employee
$189k
$203k
- Base
- $144k
- Bonus
- —
- Other
- $208
- Benefits
- $29k
Journeyman Lineman
highest compensated employee
$166k
$178k
- Base
- $134k
- Bonus
- —
- Other
- $176
- Benefits
- $19k
Journeyman Lineman
highest compensated employee
$162k
$175k
- Base
- $131k
- Bonus
- —
- Other
- $156
- Benefits
- $19k
Mgr of Finance & Accountin
officer (unspecified)
$157k
$169k
- Base
- $104k
- Bonus
- —
- Other
- $303
- Benefits
- $20k
Line Foreman
highest compensated employee
$154k
$165k
- Base
- $131k
- Bonus
- —
- Other
- $124
- Benefits
- $11k
Journeyman Lineman
highest compensated employee
$153k
$164k
- Base
- $141k
- Bonus
- —
- Other
- $117
- Benefits
- $2k
Director
board member
$6k
$6k
Director
board member
$5k
$6k
President
$5k
$5k
Director
board member
$5k
$5k
Director
board member
$5k
$5k
Director
board member
$5k
$5k
Secretary
officer (unspecified)
$5k
$5k
Treasurer
officer (unspecified)
$4k
$5k
Vice-president
$4k
$4k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
General Manager officer (unspecified) | $239k | — | $14k | $14k | $343k $369k |
Line Foreman highest compensated employee | $144k | — | $208 | $29k | $189k $203k |
Journeyman Lineman highest compensated employee | $134k | — | $176 | $19k | $166k $178k |
Journeyman Lineman highest compensated employee | $131k | — | $156 | $19k | $162k $175k |
Mgr of Finance & Accountin officer (unspecified) | $104k | — | $303 | $20k | $157k $169k |
Line Foreman highest compensated employee | $131k | — | $124 | $11k | $154k $165k |
Journeyman Lineman highest compensated employee | $141k | — | $117 | $2k | $153k $164k |
Director board member | — | — | — | — | $6k $6k |
Director board member | — | — | — | — | $5k $6k |
President | — | — | — | — | $5k $5k |
Director board member | — | — | — | — | $5k $5k |
Director board member | — | — | — | — | $5k $5k |
Director board member | — | — | — | — | $5k $5k |
Secretary officer (unspecified) | — | — | — | — | $5k $5k |
Treasurer officer (unspecified) | — | — | — | — | $4k $5k |
Vice-president | — | — | — | — | $4k $4k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Up 8%
from 2023
From $318k in 2023 to $343k in 2024.
$318k
2023
$343k
2024
$318k
2023
$343k
2024
In today's dollarsEst.
Up 5% in real terms$352k to $369k
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
Adams Electric Cooperative reported revenue and expenses across 2 filing years.
RevenueExpenses
$28.1M
$28.1M
2023
$28.3M
$28.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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